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How to Build a Portfolio of 20 Franchise Locations

How to Build a Portfolio of 20 Franchise Locations

Acquiring Minds · Will Smith

April 17, 20231h 33m

About this episode

Michael Horowitz was looking to buy an independent business when a different path opened up. Today he owns 20 Wingstops. Topics in Michael’s interview:Pros and cons of searching within franchisesWhy Michael was attracted to QSR’s (quick service restaurants)Buying 7 Wingstop locations in OhioWriting an operating agreement for 3 co-ownersDevelopment agreements with franchisesOperating QSR’s during CovidOpening and closing a ghost kitchenDaily operations of owning 20 Wingstop locationsMotivating hourly restaurant employees Michael’s advice for searchers considering QSR’sLinks and how to contact Michael:LinkedInTwitterMichael Horowitz on Franchise Empires

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Topics

entrepreneurshipentrepreneuronline businessSMBacquireacquisition